Looks like it's 5000 tonnes now. Hopefully some of this stockpiling will dampen the forecasted oversupply for 2023/24. IMO it will help COB to secure funds/investors if the cobalt metal/sulphate prices are higher. Very interesting times.
Jul 05, 2023 - China to boost cobalt reserves as prices fall
"The Chinese National Food and Strategic Reserves Administration, the government stockpiling body, has agreed to purchase about 5,000 tonnes of cobalt from three local refiners and a state-owned trader this week, people familiar with the matter said."
New U.S. legislation would ban imported products containing critical minerals mined by child labor in DRC, page-6
Add to My Watchlist
What is My Watchlist?
